This public procurement record has 1 release in its history.

Award

21 Aug 2026 at 09:15

Summary of the contracting process

Homes England commissioned professional real estate valuation services for Meridian Quays. The requirement was for a Red Book valuation report covering the relevant land areas. This is a services contract, rather than construction, property development or the sale of land. Delivery covers England, so firms need to be able to undertake or manage valuation work across the country as required by the project. Homes England, also known as the name adopted by the Homes and Communities Agency, is the buying organisation. The requirement is directly relevant to chartered valuation practices, property consultancies and other firms with demonstrable expertise in land valuation and formal valuation reporting. It may also suit smaller firms, as the procurement was identified as suitable for small and medium-sized enterprises.

The procurement has been completed and awarded following a direct award. The tender deadline was 28 May 2026 at 23:59. The award was made on 29 May 2026 to CBRE Limited for £30,000. The contract ran from 1 June 2026 to 31 July 2026. The published tender estimate and awarded value are both £30,000. The stated procurement category was services, with real estate services as the classification. The available process information identifies the direct-award route but does not set out a competitive evaluation basis. CBRE Limited is recorded as the active awarded supplier. This was a single requirement for a valuation report covering land areas associated with Meridian Quays, rather than a multi-lot procurement.

This award demonstrates a defined requirement from Homes England for formal land valuation connected with a named development or property asset. A credible future supplier would need qualified property valuation professionals, strong knowledge of land and development valuation, and the ability to prepare reports that comply with the RICS Red Book or equivalent recognised valuation standards. Experience valuing public-sector land, regeneration sites or complex development areas would help establish relevant credibility, particularly where the work involves multiple land parcels or commercially sensitive assumptions. Suppliers should also be able to deliver clear, defensible written reports to a public-sector client and work to a short, fixed assignment. The award to a large property consultancy shows that established real estate advisory capacity is valued, while the stated SME suitability indicates that capable specialist practices can be relevant.

How relevant is this notice?

Notice Title

Homes England - Meridian Quays 2026 valuation

Notice Description

To provide a Red Book valuation report of the land areas

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-22e7d054-5c4c-461b-8007-5dcce0e544eb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4126961c-8b89-466f-9a35-8ea5c4be7c83
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services


CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£30,000 Under £100K
Lots Value
Not specified
Awards Value
£30,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Aug 20266 days ago
Submission Deadline
28 May 2026Expired
Future Notice Date
Not specified
Award Date
29 May 20263 months ago
Contract Period
1 Jun 2026 - 31 Jul 2026 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
Homes England (the name adopted by the Homes and Communities Agency)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE UPON TYNE
Postcode
NE4 5BZ
Postcode Area
Newcastle upon Tyne
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Newcastle upon Tyne
Electoral Ward
Arthur's Hill
Westminster Constituency
Newcastle upon Tyne Central and West

Supplier Information

Number of Suppliers
1
Supplier Name

CBRE Limited

Further Information

Open Contracting Data Standard (OCDS)

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